Cross Lander Aro Built Vehicles at First-Ever U.S. Dealer
Meeting

MIAMI--June 3, 2005--

U.S. Assistant Secretary of Commerce, Romanian Ambassador
and Minister Counselor for Economic Affairs, and Almost All of the
Company's 148 U.S. Dealers Were on Hand for Vehicle's First Official Drive
on U.S. Soil

Cross
Lander Chief Executive Officer, John Perez, announced today that the
company successfully unveiled pre-production models of the Romanian built
Cross Lander 244X Sport Recreation Vehicle (SRV) last week at the
international auto manufacturer's first-ever national United States dealer
meeting held in Key Largo, Florida.

Representatives from almost all
of the company's 148 U.S. dealers, members of the media and elite
dignitaries from the U.S. and Romanian government, including U.S. Assistant
Secretary of Commerce William H. Lash, III, Romanian Ambassador to the U.S.
Sorin Dumitru Ducaru, and Romanian Minister Counselor of Economic Affairs
to the U.S. Dan Enache, were on hand to take part in the first official
U.S. test drives of the Romanian-built off-road vehicle, the Cross Lander
244X, which is bound for sale in the U.S. market.

"I want to stress
the support of the Romanian government on the success of this project along
with the partnership of U.S government," Ambassador Ducaru said in his
address to the gathering of dealers, media and business partners. "I am
looking forward to getting the good news of the growing capacity and
growing sales from John Perez. Thanks not only to the leadership of Cross
Lander here in the U.S. but also to the team of wonderful dedicated
Romanians that make this project possible."

Shortly after
Ambassador Ducaru pledged his support for the project, Secretary Lash
touched upon the importance of the U.S.'s relationship with Romania during
his address to the gathering.

"Romanians are with Americans
side-by-side. You don't see it on CNN. You don't read about it in the
Washington Post or the New York Times, but Romania is one of our closest
and strongest allies," Secretary Lash said. "No matter where the road takes
us, no matter what the terrain may be, we'll be driving together, U.S. and
Romania, off-road to a future of adventure to prosperity."

Secretary Lash drew thunderous applauses from the gathering when he went on
to point out that going off-road is fun for Americans, and that "America
wouldn't be a country if we didn't go off-road."

The dealer meeting
is another major step forward for Cross Lander in its quest to bring its
new off-road vehicle to the U.S. market. The meeting comes on the heels of
the company's recent certification from the United States Environmental
Protection Agency (EPA) for the Cross Lander 244X.

Cross Lander has
continued to accomplish many things as a result of the multi-million dollar
investment made by the company and its dealers, including building a U.S.
dealer network of 148 dealers and improving the quality and reliability of
the 4x4 vehicle by equipping it with a new engine and drive train which are
all necessary to allow ARO's vehicles to penetrate the U.S. market. In
addition, Cross Lander has secured more than 20 global suppliers that have
continued to stand behind the company, many of which were present at the
dealer meeting.

"We at Cross Lander greatly appreciate the show of
support from our global suppliers, the U.S. Embassy in Romania and the U.S.
Commerce Department," Perez said. "All of our supporters, suppliers,
workers, shareholders and the public should be proud of this moment and
assured we have not and will not stop working towards our goals of meeting
the expectations of the privatization agreement and building Romanian-made
vehicles that its people can be proud of."

All the dealers on hand
were more than impressed with the Romanian-built vehicles and expect a high
demand for the vehicles once they become available in the United States.

"I was very impressed to see the support from both the Romanian
Ambassador Ducaru and Secretary Lash from the U.S. Department of Commerce.
This meeting strengthened my conviction that Cross Lander has all the right
people in all the right places to make John Perez's dream a reality," said
Bob Luecke, owner of a Cross Lander dealership in Arlington, Texas. "The
American people are starved for a simple, strong, functional vehicle that
can be 'the family workhorse' that dad can use for hunting and fishing, mom
can use to take the dog to the park, and the kids can drive to school. No
other manufacturer markets a vehicle that can do all this and is this
affordable. The value to price ratio is off the chart."

"Adventurous customers who like to explore difficult terrain in the US know
what is important in a vehicle. In this respect, Americans and Romanians
must be like minded because the ARO/Cross Lander 244X stands out against
other US vehicles in the fact that it was built to be strong and reliable
and not to have several fancy expensive options that don't help the vehicle
perform off pavement," said Michael Lokey, owner of a Cross Lander
dealership in Tampa, Florida. "The bottom line is that the US is ready to
buy a vehicle that is designed to handle the most difficult terrain, tested
to be reliable and constructed at a competitive price. In short, Americans
and Romanians like more go and less show."

"I eagerly signed up to
be the first Cross Lander dealer in the US. I knew this project was not
going to be accomplished overnight, but I have total confidence in John
Perez to not only bring the Cross Lander vehicles to the US, but more
importantly to enforce high standards of quality and to follow through with
after sale satisfaction both to the consumer and the dealer," said Jerry
May, the first ever U.S. Cross Lander dealer and owner of two dealerships
in Arkansas. "After this meeting I have seen more excitement than ever as
my fellow dealers inspected and drove the U.S. version of the 244X. I must
have heard the comments 'This will sell' and 'I can sell these' one-hundred
times. Everyone I spoke with was one-hundred percent delighted with the
244X. It is one mean looking machine."

"The dealers understand that
importing a new vehicle line for sale in the United States presents its
fair share of challenges," said Perez. "However, we at Cross Lander have
never wavered from our goal of bringing these vehicles to the U.S. and
international marketplace in order to satisfy the large, untapped consumer
need for rugged, affordable four-wheel drive vehicles."

About Cross
Lander

Cross Lander is the only world automotive manufacturer in
the United States that is aggressively targeting the 4x4 off-road sport
recreation vehicle (SRV) market. Cross Lander is headquartered in Miami,
Florida, and has offices and a manufacturing plant in Campulung, Romania.